Willkie Advises Highbridge in Sale of its JV Interest in Louis Dreyfus Highbridge Energy

October 5, 2012

Firm assists Highbridge Capital Management’s multi-strategy fund in sale of joint venture.

Louis Dreyfus Highbridge Energy, LLC is a joint venture formed by the Louis Dreyfus Group, a global leader in agricultural commodities, and Highbridge Capital Management’s multi-strategy fund, in December 2006. On October 3, 2012, Louis Dreyfus Highbridge Energy, LLC announced that DF Energy Acquisition LLC, a private investment vehicle owned by Glenn Dubin, and an independent investor group, including investment vehicles established by family trusts created by Paul Tudor Jones and Timothy Barakett, and Continental Grain Company / Paul Fribourg, had agreed to acquire substantially all of the equity interests in Louis Dreyfus Highbridge Energy, LLC. Willkie served as legal adviser to Highbridge Capital Management’s multi-strategy fund in the transaction.

Based in Stamford, CT, Louis Dreyfus Highbridge Energy, LLC is a leading diversified merchant energy company that markets a broad range of physical commodities, including natural gas, natural gas liquids, refined products, crude oil, electric power and coal and financial instruments related to energy commodities. Highbridge Capital Management is an alternative asset management organization founded in 1992.  The Willkie deal team was led by partner Robert Stebbins and associates John DeSisto and Rebecca Villarreal.